Report Update: May 1, 2024

Morocco - Seats For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Vehicle Seat Price in Morocco - 2022

Vehicle Seat Price in Morocco (CIF) - 2022

In December 2022, the average vehicle seat import price amounted to $99.1 per unit, reducing by -8.3% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 14% against the previous month. The import price peaked at $111 per unit in February 2022; however, from March 2022 to December 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Turkey ($125 per unit), while the price for Japan ($39.9 per unit) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.2%), while the prices for the other major suppliers experienced a decline.

Vehicle Seat Price in Morocco (FOB) - 2022

The average vehicle seat export price stood at $433 per unit in 2022, leveling off at the previous year. In general, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 79%. The export price peaked at $434 per unit in 2021, and then shrank slightly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($433 per unit) and Turkey ($433 per unit), while the average price for exports to Argentina ($430 per unit) and France ($432 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Seat Imports in Morocco

Vehicle seat imports into Morocco surged to 64K units in 2022, picking up by 60% compared with 2021 figures. Overall, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, vehicle seat imports soared to $24M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vehicle Seat in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Portugal	0.1	0.5	7.5	16.8	451.8%
Turkey	4.3	3.7	3.3	3.6	-5.8%
Spain	3.3	2.3	1.4	2.1	-14.0%
China	0.2	0.2	0.3	0.4	26.0%
France	0.9	0.6	0.4	0.3	-30.7%
Poland	1.4	0.8	0.3	0.1	-58.5%
Others	1.2	0.6	0.5	0.4	-30.7%
Total	11.4	8.8	13.7	23.7	27.6%

Top Suppliers of Vehicle Seat to Morocco in 2022:

Portugal (45.4K units)
Turkey (9.8K units)
Spain (5.8K units)
China (1.0K units)
France (0.8K units)
Poland (0.3K units)

Vehicle Seat Exports in Morocco

In 2022, the amount of seats for motor vehicles exported from Morocco reduced dramatically to 3.6K units, waning by -43.1% against the year before. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,307%. As a result, the exports attained the peak of 6.3K units, and then reduced markedly in the following year.

In value terms, vehicle seat exports fell sharply to $1.5M in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,643% against the previous year. As a result, the exports attained the peak of $2.7M, and then shrank significantly in the following year.

Export of Vehicle Seat in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	137	44.8	2,681	1,371	115.5%
France	2.8	3.3	19.6	82.5	208.9%
Turkey	N/A	4.5	0.9	56.7	255.0%
Argentina	N/A	N/A	N/A	24.1	0%
Others	6.5	20.0	16.3	6.7	1.0%
Total	146	72.6	2,718	1,541	119.4%

Top Export Markets for Vehicle Seat from Morocco in 2022:

Spain (3166.0 units)
France (191.0 units)
Turkey (131.0 units)
Argentina (56.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vehicle seat market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29321000 - Seats for motor vehicles

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023